Common use of Limitation on Liability of ABS and Others Clause in Contracts

Limitation on Liability of ABS and Others. ABS and any director or officer or employee or agent of ABS may rely in good faith on any document of any kind, prima facie properly executed and submitted by any Person respecting any matters arising under this Master Sale Agreement and each Sale Agreement Supplement. ABS shall not be under any obligation to appear in, prosecute, or defend any legal action that is not incidental to its obligations as the seller of the Conveyed Assets under this Master Sale Agreement or any Sale Agreement Supplement and that in its opinion may involve it in any expense or liability.

Limitation on Liability of ABS and Others. ABS and any director or officer or employee or agent of ABS may rely in good faith on any document of any kind, prima facie properly executed and submitted by any Person respecting any matters arising under this Master Sale Agreement and each Sale Contribution Agreement Supplement. ABS shall not be under any obligation to appear in, prosecute, or defend any legal action that is not incidental to its obligations as the seller transferor of the Conveyed Assets under this Master Sale Agreement or any Sale Contribution Agreement Supplement and that in its opinion may involve it in any expense or liability.